TheInternational Monetary Fund (IMF)has estimated the Indian economy to grow by 9.5% in the current fiscal year, i.e 2021-22 (FY22), and the multilateral organization in its latest World Economic Outlook report released on October 12, 2021, has projected India’s economy to grow 8.5% in FY23.
Meanwhile, IMF expects theglobal gross domestic product (GDP)to grow by5.9 percent in 2021 and 4.9% in 2022.
